NICE Actimize Wins FinTech Breakthrough Award for Innovation in Automation with IFM-X Enterprise Fraud Platform
04 Avril 2019 - 12:30PM
Business Wire
Using machine learning, Actimize’s IFM-X
platform optimizes effectiveness while reducing the total cost of
implementing an enterprise fraud risk management system
NICE Actimize, a NICE (Nasdaq: NICE) business and
the leader in Autonomous Financial Crime Management, today
announced that its IFM-X next-generation Integrated Fraud
Management (IFM) platform has been selected as winner of the “Fraud
Prevention Innovation Award” by FinTech Breakthrough, an
independent organization that recognizes the top companies,
technologies and products in the global FinTech market today.
The FinTech Breakthrough Awards is the premier awards program
founded to recognize FinTech innovators, leaders and visionaries
from around the world in a range of categories, including Banking,
Personal Finance, Lending, Payments, Investments, RegTech,
InsurTech and many more. The 2019 FinTech Breakthrough Awards
program attracted more than 3,500 nominations from across the
globe.
“NICE Actimize’s Autonomous Financial Crime Management strategy
is a unique approach that is backed by breakthrough technology,
including machine-led detection, decisioning and self-learning
capabilities that can adapt and scale to meet the needs of a
financial services organization's operation,” said James
Johnson, Managing Director, FinTech Breakthrough. “Fraud
prevention is a competitive category and we are thrilled to
recognize NICE Actimize as a leading innovator breaking through the
pack with its new IFM-X platform. Congratulations to the entire
NICE Actimize team for the successes and well-deserved industry
recognition.”
“NICE Actimize combines more than 20 years of in-depth fraud
expertise with the latest in Artificial Intelligence and other
advanced technologies,” said Craig Costigan, CEO, NICE
Actimize. “We think our industry-proven experience and range of
enterprise fraud applications will help financial services
organizations in their journey to adapt to a faster fraud
environment, saving both time and money in the process. We thank
FinTech Breakthrough for recognizing our innovation during this
pivotal time in our industry.”
NICE Actimize’s IFM-X platform leverages automation and machine
learning to optimize effectiveness while reducing the total cost of
implementing and operating an enterprise fraud risk management
system. With IFM-X, financial institutions can easily integrate
limitless data into their fraud detection systems and utilize agile
advanced analytics while optimizing fraud operations
efficiency.
For additional information:
- For more on NICE Actimize’s IFM-X
Platform, please click here.
- To review an IFM-X YouTube video,
please click here.
- For more on NICE Actimize’s X-Sight
Platform-as-a Service, please click here.
- For more on NICE Actimize’s Fraud
Augmented Intelligence, please click here.
About FinTech BreakthroughPart of Tech
Breakthrough, a leading market intelligence and recognition
platform for technology innovation and leadership, the FinTech
Breakthrough Awards program is devoted to honoring excellence in
Financial Technologies and Services companies and products. The
FinTech Breakthrough Awards provide public recognition for the
achievements of FinTech companies and products in categories
including Payments, Personal Finance, Wealth Management, Fraud
Protection, Banking, Lending, RegTech, InsurTech and more. For more
information visit FinTechBreakthrough.com.
About NICE ActimizeNICE Actimize is the largest and
broadest provider of financial crime, risk and compliance solutions
for regional and global financial institutions, as well as
government regulators. Consistently ranked as number one in the
space, NICE Actimize experts apply innovative technology to protect
institutions and safeguard consumers and investors assets by
identifying financial crime, preventing fraud and providing
regulatory compliance. The company provides real-time,
cross-channel fraud prevention, anti-money laundering detection,
and trading surveillance solutions that address such concerns as
payment fraud, cybercrime, sanctions monitoring, market abuse,
customer due diligence and insider trading. Find us
at www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.
About NICENICE (Nasdaq: NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software
solutions that empower organizations to make smarter decisions
based on advanced analytics of structured and unstructured data.
NICE helps organizations of all sizes deliver better customer
service, ensure compliance, combat fraud and safeguard citizens.
Over 25,000 organizations in more than 150 countries, including
over 85 of the Fortune 100 companies, are using NICE
solutions. www.nice.com
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: www.nice.com/nice-trademarks.
Forward-Looking StatementsThis press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Costigan are based on
the current beliefs, expectations and assumptions of the management
of NICE Ltd. (the Company). In some cases, such forward-looking
statements can be identified by terms such as believe, expect, may,
will, intend, project, plan, estimate or similar words.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause the actual results or performance of
the Company to differ materially from those described herein,
including but not limited to the impact of the global economic
environment on the Company’s customer base (particularly financial
services firms) potentially impacting our business and financial
condition; competition; changes in technology and market
requirements; decline in demand for the Company's products;
inability to timely develop and introduce new technologies,
products and applications; difficulties or delays in absorbing and
integrating acquired operations, products, technologies and
personnel; loss of market share; an inability to maintain certain
marketing and distribution arrangements; and the effect of newly
enacted or modified laws, regulation or standards on the Company
and our products. For a more detailed description of the risk
factors and uncertainties affecting the company, refer to the
Company's reports filed from time to time with the Securities and
Exchange Commission, including the Company’s Annual Report on Form
20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190404005287/en/
Corporate Media ContactCindy Morgan-Olson,
551-256-5202, cindy.morgan-olson@niceactimize.com
InvestorsMarty Cohen, +1 551 256 5354, ET,
ir@nice.comYisca Erez +972 9 775 3798, CET, ir@nice.com
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